Rail network linking UAE and Oman receives $3bn investment boost

article author: 
Wed, 2023-02-22 12:55

RIYADH: A plan to build a new rail network linking the UAE and Oman is a step closer thanks to a new $3 billion agreement.

Oman and Etihad Rail Co. and Abu Dhabi’s funding firm Mubadala have signed a deal to back the development of a 303 km railway network connecting the two countries.

The agreement will see the journey between Oman’s capital Sohar and the UAE city of Al Ain take just 47 minutes.

Main category: 

Leave a Reply

Your email address will not be published. Required fields are marked *